Friday, July 17, 2026

Equitrans Midstream’s Unit to Buy Gas Pipeline Assets For $1.03 Billion

From Reuters U.S. pipeline operator Equitrans Midstream Corp’s unit on Thursday signed a deal worth $1.03 billion to take control of two pipelines that connect the Marcellus and Utica shale basins, the nation’s biggest gas producing region. The unit, EQM Midstream Partners LP, will buy a 60 percent stake in Eureka Midstream Holdings LLC and whole of Hornet Midstream Holdings

Elon Musk’s Later-Landing Model Y Reignites Concerns About Tesla Cash

From Bloomberg Elon Musk’s unveiling of a new electric vehicle that Tesla Inc. won’t deliver to customers for another year and a half rekindled concerns about the company’s cash position. The Model Y crossover the chief executive officer debuted late Thursday at Tesla’s design studio in Hawthorne, California, will start being delivered to customers in the fall of next year,

U.S. acts to keep Citgo operating in face of Venezuela sanctions

From Reuters The U.S. Treasury on Thursday gave U.S. refiner Citgo Petroleum Corp a further 18 months to buy crude and make debt payments while under sanctions against its parent, Venezuelan state-run energy firm Petróleos de Venezuela (PDVSA). The United States levied sanctions in January on PDVSA and Venezuela aimed at the removal of socialist President Nicolas Maduro, whom the

Ready to Invest in Venezuela? Banker Ponders $3 Billion Fund

From Bloomberg Maynard Holt is already thinking about how you can invest in Venezuela. The chief executive officer of Houston-based energy investment bank Tudor, Pickering, Holt & Co. said Wednesday he’s exploring the formation of a fund as big as $3 billion to invest in Venezuela one day after fielding a question about it at an industry conference. Holt was

United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 - Oil & Gas 360Perry Final Portrait Cropped_0

Champions of Big Oil Extend Olive Branch to Green New Dealers

From Bloomberg As President Donald Trump’s energy czar and former governor of the biggest source of American oil, Rick Perry had a startling response to the author of the Green New Deal: Let’s talk. Perry, in an appearance at the biggest North American energy conference on Wednesday, said he’s interested in “getting together and having a conversation” with U.S. Representative

Why the U.S. and Saudi Arabia Are Destined to Diverge

From Stratfor President Donald Trump’s current enthusiasm for Saudi Arabia notwithstanding, the relationship between the United States and perhaps its most important ally in the Middle East is undergoing a significant transformation. U.S. political pressure on Saudi Arabia is rising, led by a growing congressional discomfort over the Saudi-led intervention in Yemen and the circumstances surrounding the murder of journalist Jamal Khashoggi, but

Shipping Companies Banking on Gas Carriers as LNG Demand Grows

From The Wall Street Journal A raft of U.S. natural gas projects coming online in the next few years are likely to boost the global fleet of seagoing tankers carrying the product by up to a third, as shipping operators jarred by sharp swings in oil markets rush to take advantage of a big new stream of business. At around